Fruth Investment Management
Fruth Investment Management is a U.S.-based, Houston-headquartered independent investment advisory firm registered with the SEC. The firm, operating under the legal name Fruth Richard J & Associates Inc, is an investment adviser founded to provide asset management services, primarily for individuals—both high net worth and non-high net worth—as well as a small number of businesses. As of 2025, Fruth oversees hundreds of client accounts and manages several hundred million dollars in assets. The firm employs a small staff (about 3-4 professionals) and is known for its hands-on, client-focused service.
Investment Strategy
Fruth Investment Management appears to utilize a diversified, discretionary investment strategy focused on long-term growth through equity investment in public companies. The firm holds a broad portfolio—216 positions as of their last filing—spanning sectors and capitalizations, with a particular emphasis on blue-chip and large-cap stocks. Their top positions include companies such as GWW, Linde, ExxonMobil, and Mastercard. The firm prioritizes individualized portfolio management and risk-adjusted returns for a client base predominantly consisting of high net worth individuals, investing based on deep research and client objectives.
Latest 13F Filing Activity
Fruth Investment Management filed their most recent 13F report on Sep 30, 2025 disclosing 204 equity positions with a total 13F market value of $369M. The fund increased holdings in Chevrontexaco Corp., Newmont Goldcorp, Johnson & Johnson among other positions. Fruth Investment Management reduced exposure to Grainger WW Inc., Starbucks Corp., Hess Corporation among others.
Top Holdings
Equity Positions (204)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GWW | GRAINGER WW INC | 4.46% | $16.5M | 17,283 | $91.31 | $952.96 | -$2.0M |
M MA | MASTERCARD INC | 3.22% | $11.9M | 20,926 | $58.15 | $568.81 | +$143.0K |
M MSFT | MICROSOFT CORP | 2.59% | $9.6M | 18,455 | $30.83 | $517.95 | -$352.0K |
X XOM | EXXON MOBIL CORP | 2.47% | $9.1M | 80,911 | $78.69 | $112.75 | -$74.0K |
T TSCO | TRACTOR SUPPLY COMPANY | 2.46% | $9.1M | 159,750 | $47.84 | $56.87 | +$549.0K |